make

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make

or

buy

the decision by a firm on whether to make a component or product itself or to buy it from an external supplier (see OUTSOURCING). The decision will depend upon the combined production costs and TRANSACTION COSTS of the alternatives. Sometimes a firm may adopt mixes of the two policies, producing some quantity of the product itself and buying the remainder, depending upon the relative costs of the sources and security of supply considerations. See TRANSACTION for a more detailed discussion. See INTERNALIZATION, VERTICAL INTEGRATION.
References in periodicals archive ?
This growth is specially visible in textile made-ups and textile clothing.
Our yarn is very popular in the world market for introducing home textiles, such as; cotton towels, made-ups, bed; sheets, upholstery and cotton apparel for the entire Third world.
The company is GOTS certified for the production of 100% Organic yarns, fabrics and finished made-ups, Oeko-Tex certified, Cotton USA certified, Sedex Certified, Lycra Accredited, Supima Licensee, ISO 9001:2008 certified, BSCI , JC Penney, Kohl's and CT-PAT compliant.
Government has taken various initiatives to promote the garment sector as follows: A Special Package was announced for garments and made-ups which offersRebate of State Levies (RoSL), labour law reforms, additional incentives under Amended Technology Upgradation Fund Scheme (ATUFS), enhanced duty drawback coverage and relaxation of Section 80JJAA of Income Tax Act.
Indian products attract 3.5% (yarn), 10% (fabric), and 14% (made-ups) duty in China, while Vietnam, Cambodia, Pakistan, and Indonesia enjoy duty-free access to the Chinese market.
The Drawback rates for cotton textiles products such as Yarn, Fabrics, and Made-ups have been increased.
BEL is a medium sized export-oriented weaving and made-ups unit located in Faisalabad.
LAHORE -- The Pakistan Flour Mills Association (PFMA) has demanded the government should announce a long-term policy for export of wheat and wheat made-ups.
Initially, in textile policy 2014-19, government had approved DLTL at the rate of 1 per cent, 2 per cent and 4 per cent on processed fabrics, made-ups and garments, respectively.
One percent drawback would be available on eligible product lines of processed fabrics category, 2 percent eligible products of made-ups category and 4 percent drawback would be available to eligible products of garments category.
Baig said that the proposed rebate of one percent on export of fabric, two percent on made-ups and four percent on garments would also help in increasing exports of textile goods.
BTPL is part of the Bharat Silks group (aggregate sales of around Rs 1000 million in 2008-09) which started its activities in the year 1978 and is in the production of fabrics, garments, furnishings, and made-ups.